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Side-by-side financial comparison of AES Corporation (AES) and RGC RESOURCES INC (RGCO). Click either name above to swap in a different company.

AES Corporation is the larger business by last-quarter revenue ($3.1B vs $30.6M, roughly 101.4× RGC RESOURCES INC). RGC RESOURCES INC runs the higher net margin — 16.0% vs 10.3%, a 5.6% gap on every dollar of revenue. On growth, RGC RESOURCES INC posted the faster year-over-year revenue change (13.9% vs 4.7%). RGC RESOURCES INC produced more free cash flow last quarter ($-4.6M vs $-47.0M). Over the past eight quarters, AES Corporation's revenue compounded faster (0.3% CAGR vs -0.4%).

The AES Corporation is an American utility and power generation company. It owns and operates power plants, which it uses to generate and sell electricity to end users and intermediaries like utilities and industrial facilities. AES, headquartered in Arlington, Virginia, is one of the world's leading power companies, generating and distributing electric power in 15 countries and employing 10,500 people worldwide. AES Corporation is a global Fortune 500 power company.

Iluka Resources is an Australian resources company, specialising in mineral sands exploration, project development, operations and marketing. It was formed in July 1998 in a merger between Westralian Sands and the titanium mineral business RGC Ltd, becoming Iluka Resources Ltd in 1999. Iluka is a major producer of zircon and titanium dioxide–derived rutile and synthetic rutile globally. The company has operations in Australia, and has also conducted business in the United States and the West ...

AES vs RGCO — Head-to-Head

Bigger by revenue
AES
AES
101.4× larger
AES
$3.1B
$30.6M
RGCO
Growing faster (revenue YoY)
RGCO
RGCO
+9.2% gap
RGCO
13.9%
4.7%
AES
Higher net margin
RGCO
RGCO
5.6% more per $
RGCO
16.0%
10.3%
AES
More free cash flow
RGCO
RGCO
$42.4M more FCF
RGCO
$-4.6M
$-47.0M
AES
Faster 2-yr revenue CAGR
AES
AES
Annualised
AES
0.3%
-0.4%
RGCO

Income Statement — Q4 2025 vs Q1 2026

Metric
AES
AES
RGCO
RGCO
Revenue
$3.1B
$30.6M
Net Profit
$320.0M
$4.9M
Gross Margin
18.8%
Operating Margin
-8.7%
21.4%
Net Margin
10.3%
16.0%
Revenue YoY
4.7%
13.9%
Net Profit YoY
-42.9%
-7.3%
EPS (diluted)
$0.45
$0.47

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AES
AES
RGCO
RGCO
Q4 25
$3.1B
$30.6M
Q3 25
$3.4B
$14.0M
Q2 25
$2.9B
$16.6M
Q1 25
$2.9B
$36.5M
Q4 24
$3.0B
$26.8M
Q3 24
$3.3B
$12.8M
Q2 24
$2.9B
$13.6M
Q1 24
$3.1B
$30.8M
Net Profit
AES
AES
RGCO
RGCO
Q4 25
$320.0M
$4.9M
Q3 25
$639.0M
$-204.3K
Q2 25
$-95.0M
$538.4K
Q1 25
$46.0M
$7.7M
Q4 24
$560.0M
$5.3M
Q3 24
$502.0M
$140.8K
Q2 24
$185.0M
$156.7K
Q1 24
$432.0M
$6.4M
Gross Margin
AES
AES
RGCO
RGCO
Q4 25
18.8%
Q3 25
21.9%
Q2 25
15.9%
Q1 25
15.1%
Q4 24
14.2%
Q3 24
22.0%
Q2 24
18.8%
Q1 24
20.1%
Operating Margin
AES
AES
RGCO
RGCO
Q4 25
-8.7%
21.4%
Q3 25
9.8%
-3.4%
Q2 25
1.4%
7.2%
Q1 25
-0.8%
28.5%
Q4 24
12.3%
27.3%
Q3 24
10.0%
1.9%
Q2 24
-2.6%
11.5%
Q1 24
9.0%
28.0%
Net Margin
AES
AES
RGCO
RGCO
Q4 25
10.3%
16.0%
Q3 25
19.1%
-1.5%
Q2 25
-3.3%
3.2%
Q1 25
1.6%
21.1%
Q4 24
18.9%
19.6%
Q3 24
15.3%
1.1%
Q2 24
6.3%
1.2%
Q1 24
14.0%
20.9%
EPS (diluted)
AES
AES
RGCO
RGCO
Q4 25
$0.45
$0.47
Q3 25
$0.89
$-0.01
Q2 25
$-0.15
$0.05
Q1 25
$0.07
$0.74
Q4 24
$0.78
$0.51
Q3 24
$0.71
$0.01
Q2 24
$0.27
$0.02
Q1 24
$0.60
$0.63

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AES
AES
RGCO
RGCO
Cash + ST InvestmentsLiquidity on hand
$1.6B
Total DebtLower is stronger
Stockholders' EquityBook value
$4.1B
$116.4M
Total Assets
$51.8B
$341.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AES
AES
RGCO
RGCO
Q4 25
$1.6B
Q3 25
$1.8B
Q2 25
$1.4B
Q1 25
$1.8B
Q4 24
$1.6B
Q3 24
$2.0B
Q2 24
$1.8B
Q1 24
$2.4B
Stockholders' Equity
AES
AES
RGCO
RGCO
Q4 25
$4.1B
$116.4M
Q3 25
$3.9B
$113.6M
Q2 25
$3.4B
$116.3M
Q1 25
$3.5B
$117.8M
Q4 24
$3.6B
$111.8M
Q3 24
$3.3B
$108.1M
Q2 24
$3.1B
$108.8M
Q1 24
$2.9B
$110.5M
Total Assets
AES
AES
RGCO
RGCO
Q4 25
$51.8B
$341.0M
Q3 25
$50.8B
$329.8M
Q2 25
$48.5B
$324.8M
Q1 25
$48.6B
$326.4M
Q4 24
$47.4B
$335.2M
Q3 24
$50.1B
$320.7M
Q2 24
$47.7B
$314.2M
Q1 24
$47.0B
$313.4M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AES
AES
RGCO
RGCO
Operating Cash FlowLast quarter
$1.5B
$1.1M
Free Cash FlowOCF − Capex
$-47.0M
$-4.6M
FCF MarginFCF / Revenue
-1.5%
-14.9%
Capex IntensityCapex / Revenue
49.5%
18.5%
Cash ConversionOCF / Net Profit
4.65×
0.22×
TTM Free Cash FlowTrailing 4 quarters
$-1.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AES
AES
RGCO
RGCO
Q4 25
$1.5B
$1.1M
Q3 25
$1.3B
$675.1K
Q2 25
$976.0M
$6.4M
Q1 25
$545.0M
$21.0M
Q4 24
$1.1B
$827.2K
Q3 24
$985.0M
$377.4K
Q2 24
$392.0M
$5.9M
Q1 24
$287.0M
$11.8M
Free Cash Flow
AES
AES
RGCO
RGCO
Q4 25
$-47.0M
$-4.6M
Q3 25
$-511.0M
Q2 25
$-356.0M
$1.4M
Q1 25
$-709.0M
$16.1M
Q4 24
$-639.0M
$-4.9M
Q3 24
$-847.0M
$-5.1M
Q2 24
$-1.3B
$564.7K
Q1 24
$-1.9B
$5.8M
FCF Margin
AES
AES
RGCO
RGCO
Q4 25
-1.5%
-14.9%
Q3 25
-15.2%
Q2 25
-12.5%
8.4%
Q1 25
-24.2%
44.1%
Q4 24
-21.6%
-18.3%
Q3 24
-25.8%
-40.2%
Q2 24
-43.9%
4.2%
Q1 24
-60.3%
18.8%
Capex Intensity
AES
AES
RGCO
RGCO
Q4 25
49.5%
18.5%
Q3 25
54.0%
Q2 25
46.7%
30.4%
Q1 25
42.9%
13.6%
Q4 24
58.3%
21.4%
Q3 24
55.7%
43.2%
Q2 24
57.3%
39.0%
Q1 24
69.6%
19.4%
Cash Conversion
AES
AES
RGCO
RGCO
Q4 25
4.65×
0.22×
Q3 25
2.03×
Q2 25
11.96×
Q1 25
11.85×
2.74×
Q4 24
1.94×
0.16×
Q3 24
1.96×
2.68×
Q2 24
2.12×
37.36×
Q1 24
0.66×
1.83×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AES
AES

Electric Distribution$1.0B33%
Regulated Revenue$1.0B33%
Renewables$786.0M25%
AES Andes$225.0M7%
Corporate Other And Other$38.0M1%
Other Expense$10.0M0%

RGCO
RGCO

Segment breakdown not available.

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